Struggling health care company University General Health System Inc. has hired NexBank Capital Advisors as financial adviser, potentially to sell a hospital in Dallas.

University General hired NexBank to help with the sale, assumption, merger or potentially another financial transaction related to the hospital. The company has already considered a number of offers and joint venture partners, but says hiring the investment bank will help it run a more efficient process, it says in a filing with the U.S. Securities and Exchange Commission on Dec. 4.

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